First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Down 18.6% in April

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) was the target of a large drop in short interest in April. As of April 15th, there was short interest totaling 10,392 shares, a drop of 18.6% from the March 31st total of 12,764 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 42,347 shares, the short-interest ratio is presently 0.2 days.

First Trust Low Duration Strategic Focus ETF Stock Up 0.1%

Shares of First Trust Low Duration Strategic Focus ETF stock traded up $0.02 on Friday, reaching $18.98. The company’s stock had a trading volume of 17,458 shares, compared to its average volume of 32,631. The firm’s fifty day simple moving average is $19.02 and its two-hundred day simple moving average is $19.11. First Trust Low Duration Strategic Focus ETF has a 52 week low of $18.73 and a 52 week high of $19.59.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were issued a $0.074 dividend. The ex-dividend date of this dividend was Tuesday, April 21st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

Institutional Trading of First Trust Low Duration Strategic Focus ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Cetera Investment Advisers grew its holdings in shares of First Trust Low Duration Strategic Focus ETF by 10.5% in the second quarter. Cetera Investment Advisers now owns 37,530 shares of the company’s stock worth $713,000 after acquiring an additional 3,567 shares during the period. Raymond James Financial Inc. grew its holdings in shares of First Trust Low Duration Strategic Focus ETF by 81.0% in the second quarter. Raymond James Financial Inc. now owns 301,420 shares of the company’s stock worth $5,727,000 after acquiring an additional 134,901 shares during the period. Jane Street Group LLC grew its holdings in shares of First Trust Low Duration Strategic Focus ETF by 6.4% in the second quarter. Jane Street Group LLC now owns 15,619 shares of the company’s stock worth $297,000 after acquiring an additional 935 shares during the period. MML Investors Services LLC grew its holdings in shares of First Trust Low Duration Strategic Focus ETF by 4.7% in the second quarter. MML Investors Services LLC now owns 176,282 shares of the company’s stock worth $3,349,000 after acquiring an additional 7,872 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in shares of First Trust Low Duration Strategic Focus ETF by 200.0% in the second quarter. Geneos Wealth Management Inc. now owns 14,820 shares of the company’s stock worth $282,000 after acquiring an additional 9,880 shares during the period.

First Trust Low Duration Strategic Focus ETF Company Profile

The First Trust Low Duration Strategic Focus ETF (LDSF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds. Holdings consist of short-term fixed income securities, primarily from US issuers LDSF was launched on Jan 3, 2019 and is managed by First Trust.